Non-Emergency Medical Transportation - 36772

Financing

$1,500,000 Down and

Business Description

This non-emergency medical transportation company located in Middlesex County, New Jersey is the sole source supplier for a medical clinic in the region. It generates a 15.2% net return on Gross Revenues of $2.86 million. The growth potential of this business is enormous. Add additional clinics- it has the reputation to do so- it has a 97% rating with the state for on-time and proficient service for which it has begun receiving a $20,000 monthly bonus which by itself can drive the net return to 23.6% of revenues. Or provide high margin wheelchair service, weekend service or service to neighboring counties. This business has all the building blocks for a growth-minded entrepreneur to become a major force in the industry and live his or her dream. The Company comes with a fleet of 21 vehicles, 28 drivers, a support staff of 4, state and national licensing, difficult-to-obtain insurance and mid-level management. Billing is outsourced and can be brought in for added profit. The two partners are splitting up; one is very active in the business and the other has full-time work outside the industry. For more information, contact Gerald Number, Senior Business Broker, Vested Business Brokers, at 646-269-4616. Please call or text as email responses may be delayed.

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